Looking at the energy market landscape over the next few months, what’s truly exciting is that in the four decades of my career as an energy analyst I can confidently say that oil prices will hit $100 (or beyond).

Forget geopolitical tensions.

Forget supply and demand.

It all circles back to one thing – Saudi Arabia’s enormous power grip on the oil markets.

As I’ve mentioned in previous issues, the Saudi Aramco IPO (expected to be the largest in the world) is on the horizon.

And once the company does go public, Aramco share prices will also be determined by the price of oil.

To ensure that this is the most financially lucrative situation for the company, Saudi Arabia needs to drive oil prices to $100 to ensure that they siphon as much profit from the IPO as possible.

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